What is the main problem with the crypto market at the moment? - page 7.

upsidedown75

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Quote from: onrise on January 29, 2019, 02:32:10 AM

Quote from: akuser on January 28, 2019, 07:13:50 PM

Manipulation, FUD, and whale greed are dangerous problems. Bitcoin falls because of ambition and emotion to enrich yourself.
so sad I read this topic

https://bitcointalksearch.org/topic/many-cryptocurrency-players-have-gone-bankrupt-4655417

this is the result of their greed, yesterday's hash warfare.

Whales when exit the market it creates a panic in the market and thus prices crash badly because they sell huge quantity at a time . We need to avoid at times false rumours too when this media sometimes does not understand what the government or top people have said and interpret it wrongly creating false impression in the market .

Whales ? That’s right. Does this even have anything to do with what they have been telling that has been the cause of everything ? This market is controlled by nothing, except we as the community. And for the price to go up or down depends on the rate at which we buy and sell.

Whales has got big money and they can buy huge amount of coins and whenever they dump their coins it will affect the market heavily. Whales are definitely the cause and whenever they start buying back, you will see the market going up again. I do see many people are blindly following legendary people who are usually speculate about lower markets when whales and this kind of people working together, may bring any low too.

PowerofYggdrash

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Market is on its way to recovery.
[/quote]
Yes it is on its way but there's obstacle that everyone has to go through and pass. The main problem isn't really the market but mostly us, who doesn't have the patience to wait for a better day for the market to restart.

Although most of the problems that were stated were correct about manipulation, fud, etc.
[/quote]

Patience what all we need. Especially myself. I am eager to buy more Yeed however at the moment Eth is very weak. I hope for stronger Eth prices later so I might be able to grab a better deal. However it might not happen since Yggdrash is recovering finally, which is long overdue and necessarily.

PowerofYggdrash

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Quote from: onrise on January 29, 2019, 02:32:10 AM

Quote from: akuser link=topic=5088019.msg49475054#msg49475054 date=1
[/quote

Whales when exit the market it creates a panic in the market and thus prices crash badly because they sell huge quantity at a time . We need to avoid at times false rumours too when this media sometimes does not understand what the government or top people have said and interpret it wrongly creating false impression in the market .

Media love to create fake news on purpose.

boyptc

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Quote from: PowerofYggdrash on January 28, 2019, 01:25:50 PM

Market is on its way to recovery.

Yes it is on its way but there's obstacle that everyone has to go through and pass. The main problem isn't really the market but mostly us, who doesn't have the patience to wait for a better day for the market to restart.

Although most of the problems that were stated were correct about manipulation, fud, etc.

onrise

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Quote from: akuser on January 28, 2019, 07:13:50 PM

Manipulation, FUD, and whale greed are dangerous problems. Bitcoin falls because of ambition and emotion to enrich yourself.
so sad I read this topic

https://bitcointalksearch.org/topic/many-cryptocurrency-players-have-gone-bankrupt-4655417

this is the result of their greed, yesterday's hash warfare.

Whales when exit the market it creates a panic in the market and thus prices crash badly because they sell huge quantity at a time . We need to avoid at times false rumours too when this media sometimes does not understand what the government or top people have said and interpret it wrongly creating false impression in the market .

PowerofYggdrash

jr. member

Activity: 168

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Quote from: akuser on January 28, 2019, 07:13:50 PM

Manipulation, FUD, and whale greed are dangerous problems. Bitcoin falls because of ambition and emotion to enrich yourself.
so sad I read this topic

https://bitcointalksearch.org/topic/many-cryptocurrency-players-have-gone-bankrupt-4655417

this is the result of their greed, yesterday's hash warfare.

Thanks for the link. Interesting topic. I know what you mean. Hash warfare? What happened yesterday? What do you mean about hash warfare? You mean the hard fork when we got Bitcoin Cash SV and BCH and this caused huge problems in the space?

akuser

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markaccy.io

Manipulation, FUD, and whale greed are dangerous problems. Bitcoin falls because of ambition and emotion to enrich yourself.
so sad I read this topic

https://bitcointalksearch.org/topic/many-cryptocurrency-players-have-gone-bankrupt-4655417

this is the result of their greed, yesterday's hash warfare.

PowerofYggdrash

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Quote from: boyptc on January 28, 2019, 06:38:07 AM

I don't think that its the reason why people stay away from cryptocurrency. It doesn't mean that bitcoin collapsed it is pushing people away.

Large holders just dumped bitcoin and that's why the market isn't so good and it resulted to a very bad point of view for most.
[/quote]
Market is on its way to recovery.

boyptc

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Quote from: sidkz on January 26, 2019, 01:35:20 AM

The collapse of BTC pushed people away from cryptocurrency, before people saw only growth and began to take interest in buying it, and now everyone is selling cryptocurrency, and new people do not come after all, it has become risky to invest.

I don't think that its the reason why people stay away from cryptocurrency. It doesn't mean that bitcoin collapsed it is pushing people away.

Large holders just dumped bitcoin and that's why the market isn't so good and it resulted to a very bad point of view for most.

PowerofYggdrash

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Of course. We need real use cases and real businesses and projects. There are many good altcoins so the scams will be less and less. This is what I hope and what I experience as the market is getting more mature.
[/quote]
Market has reached its specific level where most of people thinks it’s time to quit but mate this is time when we need such thinking like you, this year I have noticed so many positive changes in market which compiled to me to keep holding so the only issue is trust people should trust crypto at least once again because things has started to recover now.
[/quote]

I hold onto my investments. Thanks for your feedback. Well I am not here to promote HOT and Pundi, but they are pumping very much. What is happening with HOT? Any reason?

Best Dreams

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Quote from: PowerofYggdrash on January 25, 2019, 09:17:12 PM

Quote from: fibrolit on January 25, 2019, 04:59:04 PM

Cryptocurrency is hampered by the lack of government regulation in the field of ICO. I know that many people will not agree with me,many believe that any regulation harms cryptocurrencies. However,until 95% of cryptocurrency scams disappear, people will not trust this market and this market will not rise.

Of course. We need real use cases and real businesses and projects. There are many good altcoins so the scams will be less and less. This is what I hope and what I experience as the market is getting more mature.

Market has reached its specific level where most of people thinks it’s time to quit but mate this is time when we need such thinking like you, this year I have noticed so many positive changes in market which compiled to me to keep holding so the only issue is trust people should trust crypto at least once again because things has started to recover now.

Jating

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Quote from: PowerofYggdrash on January 26, 2019, 04:59:05 PM

Quote from: sidkz on January 26, 2019, 01:35:20 AM

The collapse of BTC pushed people away from cryptocurrency, before people saw only growth and began to take interest in buying it, and now everyone is selling cryptocurrency, and new people do not come after all, it has become risky to invest.

BTC didn't collapse by the way. I am a YGGDRASH believer and this is not my job to defend Bitcoin however BTC is at 3597 which is higher then its bottom at 3130. So we are in a bull market already.
Your statement is not accurate at best.

I disagree though, Yes the current price is above the all time low but it doesn't mean that we're in the bull market, not by a long shot. The bear still control although I believed that they are in near exhaustion right now. But it doesn't mean that the bull has taken the market from them.

When we say that we are in a bull run, the price is picking up everyday, just like we have seen in 2017, we started below $100 and ended up at $19k. But this 2019, the price continue to fall at some point then followed by a quick recovery then goes on a long sideway pattern.

PowerofYggdrash

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It`s not true. Price collapsed from ath to this point, but for people who are in crypto for years like I am this is a high bottom. I was here years ago, and from this price point things looks much better.
Hype around bitcoin and crypto 2017 made many people to make a wrong move and buy when price is rising. Where is the logic, price was around 1000 dollars in the beginning of 2017 in the end it was 20000 dollars and who is crazy enough to think that price can grow more, do you imagine straight line to the moon?
Was it risky for people to invest in bitcoin when price was under 1 dollar?
[/quote]

I agree. Good for you that you were in the space early enough.

PowerofYggdrash

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Quote from: sidkz on January 26, 2019, 01:35:20 AM

The collapse of BTC pushed people away from cryptocurrency, before people saw only growth and began to take interest in buying it, and now everyone is selling cryptocurrency, and new people do not come after all, it has become risky to invest.

BTC didn't collapse by the way. I am a YGGDRASH believer and this is not my job to defend Bitcoin however BTC is at 3597 which is higher then its bottom at 3130. So we are in a bull market already.
Your statement is not accurate at best.

Thanasis

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The only problem we are facing is price of crypto currencies were continuously declining for more than a year now.This is reason of many consequences like the prices were over hyped in 2017 so people had much big hope in 2018 which is taken as advantage of many big whales to make lot of money into their pockets.

iv4n

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Quote from: sidkz on January 26, 2019, 01:35:20 AM

The collapse of BTC pushed people away from cryptocurrency, before people saw only growth and began to take interest in buying it, and now everyone is selling cryptocurrency, and new people do not come after all, it has become risky to invest.

It`s not true. Price collapsed from ath to this point, but for people who are in crypto for years like I am this is a high bottom. I was here years ago, and from this price point things looks much better.
Hype around bitcoin and crypto 2017 made many people to make a wrong move and buy when price is rising. Where is the logic, price was around 1000 dollars in the beginning of 2017 in the end it was 20000 dollars and who is crazy enough to think that price can grow more, do you imagine straight line to the moon?
Was it risky for people to invest in bitcoin when price was under 1 dollar?

sidkz

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The collapse of BTC pushed people away from cryptocurrency, before people saw only growth and began to take interest in buying it, and now everyone is selling cryptocurrency, and new people do not come after all, it has become risky to invest.

PowerofYggdrash

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Quote from: fibrolit on January 25, 2019, 04:59:04 PM

Cryptocurrency is hampered by the lack of government regulation in the field of ICO. I know that many people will not agree with me,many believe that any regulation harms cryptocurrencies. However,until 95% of cryptocurrency scams disappear, people will not trust this market and this market will not rise.

Of course. We need real use cases and real businesses and projects. There are many good altcoins so the scams will be less and less. This is what I hope and what I experience as the market is getting more mature.

fibrolit

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Cryptocurrency is hampered by the lack of government regulation in the field of ICO. I know that many people will not agree with me,many believe that any regulation harms cryptocurrencies. However,until 95% of cryptocurrency scams disappear, people will not trust this market and this market will not rise.

Sadlife

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I think it needs to be accepted and recognize a lot more a good way to promote bitcoin and crypto currencies is having its own ETF. Im not saying that its necessary to have this but it will surely help bitcoin to get attention although regulations is the opposite of satoshi's vision but the price might pump even more in the long run cause institutional investors would be able to buy crypto's anytime without fearing of their government laws.

Topic: What is the main problem with the crypto market at the moment? - page 7. (Read 19713 times)